Ellicott Development Co Projects and Financial Performance

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Middle-aged woman enjoying a drive through the scenic autumn countryside in Ellicott City.
Credit: pexels.com, Middle-aged woman enjoying a drive through the scenic autumn countryside in Ellicott City.

Ellicott Development Co has been involved in various projects over the years, including the redevelopment of the 200,000-square-foot former Kmart building.

Their projects have included a mix of residential, commercial, and industrial properties.

One notable example is the redevelopment of the former Kmart building in downtown Buffalo, which was completed in 2019.

The company has also been involved in the development of several residential properties, including the 100-unit apartment complex at 100 Lee Street in Buffalo.

Ellicott Development Co has a reputation for creating vibrant and dynamic spaces that contribute to the revitalization of urban areas.

Projects and Developments

Ellicott Development Co. has a number of projects in various stages of development, including a 100,000 square foot office building planned for 11 Chicago Street in Buffalo.

One of their notable projects is the 905 Elmwood Avenue building, which will feature an L-shaped design, a 5,000 square foot restaurant, 21 apartments, and additional street-level retail. This project is estimated to cost around $10 million.

Credit: youtube.com, Ellicott Development Apartments

The company is also working on a 399 Ohio Street project, which will be a 5-story mixed-use development with 30 apartments, commercial space, and a ground-level restaurant. This project is expected to cost around $6 million.

Here are some of Ellicott Development's current projects:

  • 11 Chicago Street, Buffalo: 100,000 sqft office building
  • 905 Elmwood Avenue, Buffalo: 5,000 sqft restaurant, 21 apartments, and additional retail
  • 399 Ohio Street, Buffalo: 5-story mixed-use development with 30 apartments and commercial space
  • Waterfront Village, Buffalo: 9 townhouses on Ojibawa Circle
  • 722 West Delavan, Buffalo: 76,000 sqft building converted into a theater and performing arts center
  • 960 Busti Avenue, Buffalo: 56,000 sqft warehouse converted into a mixed-use project with 18-20 apartments

Abbott Road Plans

Ellicott Development plans a four-story building on Abbott Road, which will feature both residential and commercial space.

The Paladino brothers, William and Carl, are behind this project, and their company is known for its work on the Elmwood Crossing development.

Ellicott Development is already the city's largest landlord, and this new project would be just one of two new apartment developments they're pursuing on Abbott Road and Elmwood.

These new projects would add two three-story apartment buildings to the area, expanding the company's presence in the city.

Height Variance Approved

Ellicott Development Co. has a history of seeking variances for its projects. In 2013, the developer was granted a height variance for the Locker Room project at the southeast corner of Delaware and West Delavan, allowing the construction of a building in the area.

Credit: youtube.com, Receiving a Zoning Variance in NYC

The company has been actively involved in various developments across Buffalo, including the 880 Elmwood Lofts apartment project, which was seeking zoning variances to move forward. Ellicott Development has also pursued a six-story project at Main-Best, a vacant parcel of land that has been in development for over two years.

Ellicott has a diverse portfolio of projects, ranging from office buildings to mixed-use developments. At 399 Ohio Street, the company is constructing a 5-story mixed-use development with 30 apartments and commercial space. Nearby, at 722 West Delavan, the former Frederick Law Olmsted School is being converted into the Ujima Theatre, a performing arts center.

Here's a list of some of Ellicott's notable projects:

  • 11 Chicago Street, Buffalo – a former Brownfield site with plans for a 100,000 square feet office building
  • 399 Ohio Street, Buffalo – 5-story mixed-use development with 30 apartments and commercial space
  • 722 West Delavan, Buffalo – conversion of the former P.S. 56 into a theater and performing arts center
  • 960 Busti Avenue, Buffalo – a 56,000 square feet warehouse being converted into a mixed-use project with 18-20 apartments

Seeks Approval for 880 Elmwood Lofts

Ellicott Development Co. is hoping to get approval for its modified new three-story apartment infill project, 880 Elmwood Lofts. This development is part of the company's efforts to revitalize the Elmwood neighborhood.

The project involves the construction of a four-story building with residential and commercial space. Ellicott Development has already secured zoning variances for the project.

Credit: youtube.com, Neighbors seek clarity on Elmwood Crossing

Here are some key details about the 880 Elmwood Lofts project:

Ellicott Development is known for its work in Buffalo's Elmwood neighborhood, where it has developed several successful projects, including the Elmwood Crossing.

Financial and Operational

Ellicott Development Company's annual revenue was $21.2 million in 2025. This significant revenue is a testament to the company's success in the development industry.

Their financial stability allows them to invest in various projects, creating opportunities for growth and expansion.

Company Employment Numbers

Ellicott Development Company has a relatively small workforce. 107 people are employed at Ellicott Development Company.

The company's employment numbers are a fraction of what some other developers have.

Annual Revenue

The Ellicott Development Company's annual revenue is a significant metric to understand the company's financial performance. Ellicott Development Company's annual revenue was $21.2 million in 2025.

This revenue figure gives us a glimpse into the company's financial health and stability.

Leadership and Management

Credit: youtube.com, Ellicott Development

At the helm of Ellicott Development Company is William Paladino, the CEO who has been leading the company's efforts.

William Paladino brings a wealth of experience and expertise to his role as CEO, guiding the company's growth and development.

Ellicott Development Company is fortunate to have a strong leadership team in place, with William Paladino at the forefront.

Specific Properties

Ellicott Development Co. has a long history of transforming urban landscapes through its innovative approach to development.

The company was founded in 1977 by Paul Ciminelli, who brought a unique vision to the table by focusing on the revitalization of underutilized properties.

With a strong emphasis on community engagement, Ellicott Development Co. has successfully redeveloped numerous sites, including the former City Hall in Buffalo.

One notable example is the redevelopment of the City Hall site, which was transformed into a vibrant mixed-use complex featuring office space, retail, and residential units.

Ellicott Development Co. has also made a significant impact on the local economy through its investments in various sectors, including real estate, hospitality, and healthcare.

The company's commitment to sustainability is evident in its efforts to incorporate green building practices and energy-efficient systems into its projects, such as the redevelopment of the former Bethlehem Steel site.

Teresa Halvorson

Senior Writer

Teresa Halvorson is a skilled writer with a passion for financial journalism. Her expertise lies in breaking down complex topics into engaging, easy-to-understand content. With a keen eye for detail, Teresa has successfully covered a range of article categories, including currency exchange rates and foreign exchange rates.

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